FTX Collapse Sparks Calls to Jail Founder Bankman-Fried
Sam Bankman-Fried has been dubbed the Bernie Madoff of crypto after his firm, FTX, was insolvent and its filing for chapter 11 bankruptcy on November 11.
Sam Bankman
Huobi Airs Holding Billions of Assets Amid FTX Fiasco
Huobi reveals a transparency report to boost user confidence. Recently, the exchange holds an estimated $3.5 billion. Read CNL
Solend Founder Slams Alameda for Manipulating Token Price in IDO
Two strange addresses affiliated with Alameda Research withdrew $80 million at the last minute before Solend IDO ended.
Huobi Token Rises Amid Justin Sun’s Empowerment Call
Since Monday, Huobi Global’s native coin HT/USDT, which was once widely used in China, has increased by almost 70%, reaching a four-month high of $7.60.
Justin Sun and SBF Could Be the Buyers of Huobi Global
The 13th largest cryptocurrency exchange in the world, Huobi, founded by Leon Li, is apparently trying to sell its over 60% ownership interest for over $1B.
Visa and FTX To Offer Debit Cards In Over 40 Countries
To provide debit cards in 40 countries, Visa is collaborating with the international exchange FTX, with an emphasis on Latin America, Asia, and Europe.
Alameda To Repay Voyager $200 Million in Crypto
Alameda to Repay $200 Million in Crypto to Bankrupt Voyager. Sam Bankman-Fried is a crypto billionaire and well-known figure in the trading sector. Even according to Bloomberg, FTX allegedly tried to purchase Robinhood. According to a court document from insolvent Voyager Digital Ltd., crypto millionaire Sam Bankman-Alameda Fried’s Research will return around $200 million in Bitcoin and Ether that it had borrowed from the company. According to a separate filing made late Monday, the deal to return the cryptocurrency was made public after Voyager’s plea to have the loan to Alameda reimbursed was allowed by a New York bankruptcy court.
